Retirement plan

BOYS & GIRLS CLUB OF THE BERKSHIRES, INC. 401(K) RETIREMENT PLAN

Name: BOYS & GIRLS CLUB OF THE BERKSHIRES INC. - BOYS & GIRLS CLUB OF THE BERKSHIRES, INC. 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: BOYS & GIRLS CLUB OF THE BERKSHIRES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYS & GIRLS CLUB OF THE BERKSHIRES, INC. 401(K) RETIREMENT PLAN, BOYS & GIRLS CLUB OF THE BERKSHIRES INC.

BOYS & GIRLS CLUB OF THE BERKSHIRES INC.EIN 04-2103925Plan #003PY 2019

16 MELVILLE STREET - PITTSFIELD, MA 01201413-448-8258

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$1,000K

+26.7% from 2018

Total participants

+12.8% from 2018

Average account balance

$24,389

+8.2% from 2018

Annual return

18.23%

+24.41 pp from 2018

Benchmarks

See 8,599 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,599 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$32K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

138.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$81K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.48%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$478

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$100 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.321%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,389

$54,757-55.5%

$90,304-73.0%

$72,975-66.6%

Participation rate

90.6%

65.2%+25.5pp

73.3%+17.4pp

69.5%+21.1pp

Annual return

18.23%

30.63%-12.4pp

78.13%-59.9pp

81.01%-62.8pp

Employer contribution / active EE

$1,439

$2,093-31.3%

$2,855-49.6%

$2,440-41.0%

Participant deferral / active EE

$676

$2,887-76.6%

$3,885-82.6%

$3,608-81.3%

Admin fee / account holder

$78

$3,973-98.0%

$5,354-98.5%

$5,124-98.5%

BOYS & GIRLS CLUB OF THE BERKSHIRES, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYS & GIRLS CLUB OF THE BERKSHIRES, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion